The main difference between international trade and domestic trade

[joicezhan]

The main difference between international trade and domestic trade as follows:
(1) Different languages, laws and customs. International trade activities will first encounter differences, we must first overcome these obstacles, otherwise we can not properly carry out trade negotiations, contracting, dealing with trade disputes, conducting market research. Although domestic trade will encounter some language differences and customs, but the difference is much smaller.
(2) between the different national currencies, weights and measures, customs and other systems. Conduct the international exchange of goods, you will meet with the foreign currency and the exchange rate to be paid and often change, as well as weights and measures between countries, the customs system and many other issues are quite different, so that the international exchange of commodities activities complex. In contrast, domestic trade is much simpler.
Different (3) countries' economic policies. Economic policies of each country mainly for its economic development work, but it will to some extent affect the conduct of international trade, and many policies will vary depending on the economic situation, different rulers change. There monetary policy, industrial policy, import and export management policies, tariff policy and so on, international commodity exchange activities must be studied in these policies. Domestic Trade of content is much less.nk trading inc :https://twitter.com/nktradingInc